U.S. consumers appear to be getting bit less frugal: The amount of consumer credit in use unexpectedly rose in October for the second straight month. But the whole rise came from non-revolving debt, which includes auto loans and personal loans, while revolving debt, which includes credit cards, plunged.
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Consumer Debt Takes a Surprise Jump in October, But Credit Card Use Falls originally appeared on DailyFinance on Wed, 08 Dec 2010 15:35:00.